KEY FINDINGS

Driven by the growing prevalence of cardiovascular diseases and the increasing healthcare expenditure, the global market for cardiovascular ultrasound systems is expected to showcase a CAGR rise of 5.61% over the forecast period of 2018-2026.

MARKET INSIGHTS

The global cardiovascular ultrasound system market is segmented on the basis of end-users, test types, display devices and technologies. The end-users of this market are home & ambulatory care settings, hospital & cardiology centres, and other end users. Test-type segment of this market includes stress echocardiogram, transesophageal echocardiogram, transthoracic echocardiogram and other echocardiogram. The display device segment of the market involves color display and black and white display, whereas the technology segment of this market includes Doppler Imaging, 2D ultrasound, and 3D & 4D ultrasound.

REGIONAL INSIGHTS

Regionally, the global cardiovascular ultrasound system market can be categorized into Asia-Pacific, Europe, North America and rest of the world market. The Asia-Pacific market is anticipated to progress with the fastest CAGR over the forecast period. India and China are the key markets for this region, promising much growth over the forecast period. Government backing is the main reason for the progression of these emerging economies. On the other hand, the European market is expected to rule the global scene by the end of the estimated period of 2017-2026. The highest CAGR is expected from the German cardiovascular ultrasound market by the end of 2026.